Dear valued customers of BIB,
You are deemed to agree and abide by the terms of this service agreement incorporating any modifications that are reckoned as necessary to this agreement at any time once you decided to take part in the copy trading service offered by the platform. Therefore, please read the following terms of copy trading service.
Agreement
1. User Qualification
I. The user shall be a qualified investor who meets the requirements of relevant transaction laws and regulations.
II. The user shall reach the age of 18, has full capacity for civil rights and conduct in order to consume the service with sufficient knowledge and experience.
III. The user shall be the legal owner of assets credited to his BIB account and have the obligation to ensure the legality of the source of his digital assets.
IV. The user shall not perform any illegal activities using the platform.
V. The user shall provide a withdrawal address that is owned by himself with full control.
2. Transaction Service
The user of this service shall gauge the authenticity and validity of virtual currencies as well as information in order to avoid scams and frauds. Besides, any losses incurred from the trades are borne by the user as responsibilities. Unless expressly required by laws and regulations, the platform is not obligated to review all users’ information and data related to transactions in advance.
3. Disputes and Legal Obligations
I. Once one of the users has submitted the request for the platform to take up the role as a dispute mediator, the platform has the right to make a mediation decision according to unilateral judgment. The user provides consent to the platform to make the final judgment and decision on user transaction disputes.
II. The user provides consent to the platform to impart necessary information at the request of government departments including but not limited to judicial and administrative departments. If the user is suspected of infringing on the legal rights, the platform has the right to access the necessary identity information under the preliminary judgment that the suspected infringement or illegal activity exists.
4. Disclaimer
4.1 The user understands and agrees that the platform is not liable for any damages caused by the following circumstances, including but not limited to:
I. Loss of profits
II. Data and information
III. Goodwill
IV. Other intangible damages
Disregarding whether the user has been informed of the possibility of compensation for such damages, he is agreed to take responsibility for such related circumstances, including but not limited to:
I. Costs and losses incurred by the purchase or acquisition of any data, information or transactions through platform services or alternative behaviors
II. User’s misunderstanding of the platform’s service
III. Losses related to the platform’s service that are not caused by the platform
IV. Partial or total loss caused by the direct or indirect participation in this service
The platform has reasonable grounds to believe that specific users and transactions may have major violations or breaches of contract as well as to believe that the users’ behavior is suspected of being illegal or improper.
4.2 Risks related to this service include but not limited to automatic trading operations, in which the user’s account can start and end transactions without manual intervention.
4.3 The purchase of this service is at the user’s own discretion. Once the user has decided to purchase this service, he is expected to have considered his overall financial situation corresponding to the opportunities and risks of using this service.
4.4 The user needs to take note that information provided on our website and application regarding this service is for reference only. If the user makes any investment decision, whether it is on our platform or the others according to the information, he shall bear his own risk.
4.5 The user has the obligation to make independent research and judgment before making an investment decision. He shall determine his own investment, strategy and needs based on his investment goals and financial conditions.
4.6 The user shall be solely responsible for the losses incurred due to the automatic execution of operations using the documentary transaction function.
4.7 Any information on the website and application is intended to provide the public with trading dynamics and information services. This website does not provide any form of investment advice, nor does it imply the provision of such information or functions in any form.
4.8 The platform reserves the right to the final interpretation of these Terms and shall not be liable for any errors or omissions within these Terms.